As competition intensifies to capture the 401(k) and other retirement plan business of small and midsize companies, wirehouses increasingly are allowing representatives who specialize in the niche to act as fiduciaries.
Says Bronx Bomber's co-owner owes Uncle Sam $670K; dispute stems from audit of MLB team's books
Few things are as certain in estate planning as this: Celebrity deaths are sure to generate plenty of business for lawyers.
Mr. Vaill, who joined Boston Private in 1993, oversaw an acquisition-triggered expansion into the wealth management, asset management and private-banking sectors through much of his tenure
When comparing investment options, advisers need to look beyond traditional benchmarks such as alpha and fund manager tenure
Mutual fund companies are reporting a brisk business in Roth IRA conversions as a result of a change in the tax law, but there is one segment of the public that is decidedly cool to the idea, even though their financial advisers are urging them to take the plunge.
Barclays Wealth has hired Don Milich and Clifford Wang as investment representatives, based in Atlanta, as part of its effort to continue growing its wealth management operations in the U.S.
Brokers who work with retirement plans may soon lose clients to registered investment advisers, thanks to a rule that the Labor Department is expected to approve this summer.
Enrollment in high-deductible health insurance plans linked to health savings accounts continues to surge, with the biggest growth in plans offered by larger employers.
For decades, "The Oaks" was the oceanside playground of the Barrons and the Bancrofts, heirs to the Dow Jones and Wall Street Journal fortunes. Today, the 20,000-square-foot mansion with 45 rooms and surrounding properties went on sale for $55 million.
Bank of New York Mellon Corp. is closing nine of its wealth management branches in Pennsylvania, New York, and New Jersey, the company confirmed today.
Barclays Wealth, the $241 billion wealth management unit of Barclays Bank PLC, has snapped up a team of advisers from Neuberger Berman LLC, the company announced Wednesday.
The affluent are feeling as confident now about the economy and their investments as they did in December 2007
Despite a deafening silence from advisers on long-term-care planning, most consumers say they want input from a financial professional on LTC
Further complicating matters, the LTC business requires large amounts of capital, which puts added pressure on carriers that issue the policies
Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive officer of the company and will assume the new role of chairman, he said Thursday.
State Street Global Advisors tabs former Goldman and Barclays executive to head its defined contribution business
When he was mayor of New York, Ed Koch often would ask constituents, “How am I doing?”
Natalie Choate, a retirement planning expert with Nutter McClennen & Fish LLP, talks with Morningstar's Christine Benz at the InvestmentNews Retirement Income Summit about the new rules that apply to an annuity when it's purchased inside an IRA.
